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environmental law, including without limitation, asbestos, polychlorinated biphenyls, petroleum,
<br />natural gas and synthetic fuel products and by- products.
<br />8.4 Environmental Laws. As used herein, the term "Environmental Laws" means
<br />all federal, state or local statutes, ordinances, rules, regulations, orders, decrees, judgments or
<br />common law doctrines, and provisions and conditions of permits, licenses and other operating
<br />authorizations regulating, or relating to, or imposing liability or standards of conduct concerning
<br />(i) pollution or protection of the environment, including natural resources; (ii) exposure of
<br />persons, including employees and agents, to Hazardous Materials (as defined above) or other
<br />products, raw materials, chemicals or other substances; (iii) protection of the public health or
<br />welfare from the effects of by- products, wastes, emissions, discharges or releases of chemical
<br />substances from industrial or commercial activities; (iv) the manufacture, use or introduction into
<br />commerce of chemical substances, including without limitation, their manufacture, formulation,
<br />labeling, distribution, transportation, handling, storage and disposal; or (iv) the use, release or
<br />disposal of toxic or hazardous substances or Hazardous Materials or the remediation of air,
<br />surface waters, groundwaters or soil, as now or may at any later time be in effect, including but
<br />not limited to the Toxic Substances Control Act [15 U.S.C. Section 2601, et seq.]; the
<br />Comprehensive Environmental Response, Compensation and Liability Act [42 U.S.C. Section
<br />9601, et seq.], the Hazardous Materials Transportation Authorization Act [49 U. S.C. Section
<br />5101, et seq.], the Resource Conservation and Recovery Act [42 U.S.C. Section 6901, et seq.],
<br />the Federal Water Pollution Control Act [33 U.S.C. Section 1251], the Clean Air Act [42 U.S.C.
<br />Section 7401, et seq.], the California Underground Storage of Hazardous Substances Act
<br />[California Health and Safety Code Section 25280, et seq.], the California Hazardous Substances
<br />Account Act [California Health and Safety Code Section 25300, et seq.], the California
<br />Hazardous Waste Act [California Health and Safety Code Section 25100, et seq.], the California
<br />Safe Drinking Water and Toxic Enforcement Act [California Health and Safety Code Section
<br />25249.5, et seq.], and the Porter- Cologne Water Quality Control Act [California Water Code
<br />Section 13000, et seq.], as each of the foregoing now exist or are hereafter amended, together
<br />with any regulations promulgated thereunder.
<br />ARTICLE IX
<br />DEFAULTS, REMEDIES AND TERMINATION
<br />9.1 Event of Borrower Default. The following events shall constitute an event of
<br />default on the part of Borrower ( "Event of Borrower Default "):
<br />(a) Borrower fails to commence or complete rehabilitation of the
<br />Improvements within the times set forth in Section 3.7 or subject to force maj eure, abandons or
<br />suspends rehabilitation of the Improvements prior to completion for a period of sixty (60) days
<br />or more;
<br />(b) Borrower fails to pay when due the principal and interest (if any) payable
<br />under the Restated Note or the Note and such failure continues for ten (10) days after City
<br />notifies Borrower thereof in writing;
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